Life is unexpected. While we may eat a well-balanced diet and exercise regularly, we are more susceptible to certain ailments as we age. With the right level of cover, seniors health insurance takes the financial burden off your shoulders should you fall ill or become injured, and helps you enjoy the life you’ve worked so hard for.
Having hospital cover and tying in a selection of extras that relate to your unique situation will put you in good stead to get the most out of your private health fund.
What is seniors health insurance?
Health insurance policies designed for seniors are suitable for both singles and couples who are 65 years and older, and helps pay for your healthcare expenses in and out of hospital as you age. These policies vary depending on your current and future needs.
Why is health insurance for seniors so important?
When it comes to waiting lists for important surgeries, health insurance can help you get back to your day-to-day activities much faster.
For instance, if you don’t have health insurance and were to injure your hip and require hip replacement surgery, you would be placed on a waiting list that could take a couple of years in the public system.
This is likely if you live in a busy city or in a remote area. However, if you have the right level of cover, you may only need to wait a few short months (provided you have served your waiting periods) to get the problem fixed, undergo recovery, and continue to enjoy life’s adventures.
What does health insurance for seniors cover?
Seniors can choose a health insurance policy that is tailored to their current and future needs. All in all, these policies are more effective if they cover common senior health implications, like cancer, gum disease, heart disease, and hip and knee replacements, as well as any services you believe may be helpful later in life.